Cash paid more than rs.20000
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 September 2013
In a construction Company Labour charges paid weekly for the labourers.
For Eg:- In costruction site 20 labourers are working, each labourer charges Rs.300 per day , So weekly total = 20*300*6 days = RS.36000. This amount being paid to one among the workers to be distributed to workers..
Whether 40A(3) is applicable in this case ??
For Eg:- In costruction site 20 labourers are working, each labourer charges Rs.300 per day , So weekly total = 20*300*6 days = RS.36000. This amount being paid to one among the workers to be distributed to workers..
Whether 40A(3) is applicable in this case ??
21 September 2013
No
21 September 2013
40A(3) shall apply only to those instances where a particular worker in a single instance receives more than Rs 20000 in cash.
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